Quote from: KennyR on June 01, 2022, 11:40:41 PM

"The claims that the blockchain advocates make are not true. It’s not secure, it’s not decentralized. Any system where you forget your password and you lose your life savings is not a safe system.”

Nonsense. You can forget the whereabouts your gold and lose it, does that mean gold is not safe?

Quote from: KennyR on June 01, 2022, 11:40:41 PM

“We urge you to resist pressure from digital asset industry financiers, lobbyists and boosters to create a regulatory safe haven for these risky, flawed and unproven digital financial instruments"

I don't understand the motive here. Can't comment on this.

Quote from: KennyR on June 01, 2022, 11:40:41 PM

"Crypto-assets have been the vehicle for unsound and highly volatile speculative investment schemes that are being actively promoted to retail investors who may be unable to understand their nature and risk.”

Not sure about "unsound" but crypto is definitely very volatile and It is indeed being actively promoted to retail investors. And again, it is true that most investors don't have an idea of what they are doing. So, I pretty much agree with this.

Quote from: KennyR on June 01, 2022, 11:40:41 PM

The computational power behind blockchain is the equivalent of what one could do in a centralized way with a $100 computer.

If you want a decentralized server you can have one for $100. The price for decentralization is much higher. So?

Quote from: KennyR on June 01, 2022, 11:40:41 PM

“We’re essentially wasting millions of dollars worth of equipment because we’ve decided that we don’t trust the banking system.”

Banking system did this to themselves. If he don't like crypto, he don't have to participate.

Quote from: KennyR on June 01, 2022, 11:40:41 PM

What about your view on these statements?

He has some legit concerns but the rest of the world won't care and crypto will do its thing anyway.